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VOL. TMN-11 | NO. 23 | Saturday, June 9, 2018
Weekly Issue

Going Global

St. Jude Children’s Research Hospital establishing itself as worldwide leader in fight against pediatric cancers

Over the past two years, St. Jude Children’s Research Hospital has extended its global reach in a variety of ways, forging new partnerships and alliances to further research efforts for pediatric cancer and blood disorders while investing more than $1 billion to substantially grow its Memphis headquarters.

EDITORIAL

Editorial: St. Jude Reaches for Memphis’ Boldest Vision

There aren’t too many physical reminders of the star-shaped building that housed the original St. Jude Children’s Research Hospital in the early 1960s, other than the statue of St. Jude himself.

RESTAURANT NEWS

Corky’s BBQ to Partner with Dobbs Equity to Fund Expansion

Longtime Memphis mainstay Corky’s BBQ has announced a partnership with Dobbs Equity Partners LLC, a company founded by local businessman John H. Dobbs Jr., to further accelerate the worldwide growth of the hometown barbecue brand.

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FINANCIAL SERVICES

Banks Team Up for Saturday Event to Help Memphians Improve Credit

In an effort to support credit and financial counseling of Memphis residents, more than a dozen local banks that banded together last year to form the Memphis Area Community Reinvestment Act Association are preparing to host their first collective event this weekend.

THE MEMPHIS NEWS ALMANAC

June 8-14, 2018: This week in Memphis history

1977: Former president Gerald Ford, playing in the pro-am event of the Danny Thomas Golf Classic, hits a hole-in-one on the fifth hole at Colonial Country Club with a five-iron shot that hits the green six feet from the flag and rolls in. The tour professional in the group is Ben Crenshaw. On the ninth hole, Ford hit three straight bunker shots.

ECONOMIC DEVELOPMENT

The Push for Place

Community LIFT calls for broader definition of economic development

By the end of July, the group that works to connect the dots among the city’s community development corporations plans to have a report that looks at how other cities are connecting the dots in a much broader way.

EDUCATION

Bartlett High Joins Wave of School Construction

Though summer break has started, some of the school-year buzz remained on the campus of Bartlett High School this week as a group of adults gathered with ceremonial shovels for a groundbreaking.

REAL ESTATE & DEVELOPMENT

Rare Treedom Art Adorns St. Jude Land

An international award-winning art installation has a new home in Downtown Memphis. Treedom Memphis – a “functional” piece of art designed by the Parisian architectural firm Atelier YokYok, officially opened Saturday, June 2, on A.W. Willis between Second and Third streets.

Metal Museum Pondering Possibility of Polishing Up Rust Hall

When Memphis College of Art announced in October it would be closing its doors for good by May 2020 – an announcement that came just months after the Memphis Brooks Museum of Art, another longtime mainstay, said it, too, was leaving Overton Park – there was an understandable level of concern for many patrons of the park.

New Benchmark Owners Seeking Incentives for 4-Star Hotel

A Rhode Island-based company has acquired the site of the former Benchmark Hotel and is seeking a 15-year tax incentive from the Downtown Memphis Commission to demolish the structure’s remaining concrete skeleton and replace it with a new four-star hotel.

One Beale, St. Jude, Sedgwick Projects Move Forward

263 Wagner Place, Memphis, TN 38103: Carlisle Corp.’s expanded plans for One Beale received unanimous approval from the Center City Revenue Finance Corp. on Tuesday, May 29. -
 The project was initially awarded a 20-year PILOT (payment-in-lieu-of-taxes) incentive by CCRFC in 2015, so Carlisle was seeking a green light to update the project's scope, get a closing deadline extension, and receive reaffirmation of a previous commitment to fund an onsite public parking garage.

Highly Visible

FirstBank to boost profile with move to TraVure

Sometimes in business timing is everything. And when it comes to the relationship between FirstBank and Gill Properties that’s certainly the case. When Jeff Hudson was hired three years ago, one of his goals was to relocate FirstBank’s commercial offices and regional headquarters into a highly trafficked area with good visibility and easy access for their clientele.

TRANSPORTATION & LOGISTICS

$71.2M Federal Grant Awarded for Long-Sought Lamar Avenue Upgrade

A $71.2 million federal transportation grant announced Tuesday, June 5, in Washington, D.C., will fund long-planned and awaited infrastructure updates to the city’s major freight corridor.

GOVERNMENT & POLITICS

Commission Approves Graceland Resolution in Forum Non-Compete Controversy

The Shelby County commission dipped its toes in the roiling waters of the Graceland-Grizzlies arena flap with a vote Monday, June 4, to conditionally endorse the idea of a 6,200-seat Whitehaven arena built by Elvis Presley Enterprises on the Graceland campus.

County General Election Campaigns Meet Summer Heat

With their minds still in the numbers from the May county primary election, candidates on the Aug. 2 Shelby County ballot are on the summer campaign trail with early voting about six weeks away.

Strickland Working Toward Garbage Pickup Overhaul

By the fall, Memphis Mayor Jim Strickland hopes to have a plan to overhaul city sanitation services – specifically the yard waste curbside pickup that has caused a lot of citizen complaints.

THE TIPPING POINT

Lockhart Selling Memphis as Adams Keegan Recruiter

Born in Fort Campbell, Kentucky, Kristin Lockhart, vice president of recruiting at Adams Keegan, is no stranger to moving.

SPORTS

Golfers Take Aim at FESJC While Looking Toward WGC in 2019

For Daniel Berger, the FedEx St. Jude Classic at TPC Southwind is the happiest golfing place on earth.

Drive, Chip & Putt … for a Lifetime

Where this golfing thing goes, Tommy Kellum doesn’t really know. His daughter Elizabeth has been playing since she was 6 years old and she has some talent.

Doing It All: FESJC volunteers leave no stone unturned

In 2009, Brian Gay won the FedEx St. Jude Classic. He got the big check, more ranking points and all the acclaim that goes with winning a PGA Tour event. And no doubt, any FESJC volunteer that crossed his path that year did right by him. Picked him up and got him to TPC Southwind on time, delivered cold water on the golf course and on and on.

Garcia Blisters Final Racing Segment to Claim His First Victory

They got heat. They got history. But for most of 3,000 or so fans who made their way to steamy Memphis International Raceway Saturday, they got a welcome dose of NASCAR. And they want more.

Dobbs Gives Back to Family That Embraced Him

No matter where life takes him, Joshua Dobbs will always find his way back to Knoxville.

MEMPHIS NEWSMAKERS

Hollywood Feed Promotes Ross To Director of Marketing

Anne Ross has been promoted to director of marketing at Hollywood Feed. Having been with the Memphis-based natural pet food chain for more than five years, she now oversees all of the company’s marketing and communication efforts throughout the region in its 70 stores.

SNAPSHOT

Snapshot: Getting Robotic Puppies on the Mend

Second-grade students work on dissecting small dog robots during Camp Invention at Grahamwood Elementary. Through Camp Invention's Robotic Pet Vet module, campers nurse their robotic puppy back to health, and design and build dog parks as they hammer out ideas for the best park attraction. Camp Invention, a nationally recognized, nonprofit summer enrichment camp program, integrates the STEM learning model into the educational camp.

VIEW FROM THE HILL

Blackburn’s Scattershot Hits Surprise Targets

Republican U.S. Rep. Marsha Blackburn is doubling down against Democratic opponent Phil Bredesen in the race for an open U.S. Senate seat, hammering him as a liberal in the vein of Obama, Clinton, Schumer and Pelosi.

LOCAL COLUMNISTS

Pete & Sam’s. Again.

SOMETIMES THE WAIT IS WORTH IT. I remember when you couldn’t get Coors beer here – ergo – Coors was wonderful, caught in frosted mugs held beneath Rocky Mountain snowmelt waterfalls, tapped by the chosen somewhere west of here, somewhere forbidden.

Planning for Funerals

Ray’s Take: The most expensive funeral ever documented was that of Alexander the Great. The cost of laying him to rest was a whopping $600 million in today’s money.

Putting the ‘Power’ in Power of Attorney

When I discuss estate planning with people, I am usually met with one of two responses: “I haven’t gotten around to it,” or, “I don’t need any.”

Indeed Unveils New Products For 2018

I recently had the opportunity to attend Indeed Interactive in Austin, Texas. Indeed.com is the world’s largest job website. It’s like the Google of job searches. Indeed Interactive is the annual conference where thousands of human resources professionals come together to learn about the latest updates to the website and to job seeking this year.

Wield PPC for Search Engine Success

When it comes to search engine optimization, one can easily feel lost at sea. Results are anything but immediate, and Google’s search-filtering algorithms continue to adapt. The reality is that it may take months before you realize whether your targeted keywords, titles or descriptions for your website pages are driving real results.

Technology and Communication: Keep it Human

The more things change the more they stay the same. Yes, technology is transforming all aspects of our lives. Our relationships, work environments and community engagement are not the way they once were. Smartphones, social media, video conferences and webinars are just a few of the new methods.

Demystifying the Path of B Corp Certification

From the Conscious Capitalism 2018 Conference, the largest gathering of conscious capitalists dedicated to elevating humanity through business. Practicum: B Corp 101, led by Kim Coupounas, director, B Lab.

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Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 98 238 15,862
MORTGAGES 122 284 18,332
FORECLOSURE NOTICES 13 34 2,439
BUILDING PERMITS 137 452 32,966
BANKRUPTCIES 62 178 10,191
BUSINESS LICENSES 23 73 5,251
UTILITY CONNECTIONS 28 92 6,240
MARRIAGE LICENSES 13 63 3,476

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The Memphis News: Business, politics, and the public interest.